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: the president will be nominating the chief of staff jack lew as next treasury secretary. should we be gearing up for another confirmation battle? rich edson at the white house with the latest on this story. what do you think? rich: we very well could be. he refuses to address entitlements in spending. he is the typical big government liberal and a troubled person to deal with in his capacity as chief of staff for the white house but democrats point out he knows budgets. he has been a budget director for the clinton administration, obama administration and they say that is why they picked him. >> in the past quarter of a century jack lew has been an integral part of some of the most important budgetary financial and fiscal agreements, bipartisan agreement in washington. >> "rolling stone magazine" will have to come to the senate and tell what his thoughts are about the spending and how it plans to address it. rich: it is u up to send them to see this another proxy fight to add to the administration on their views about that deficit and spending. back to you. melissa: i have to wonder how his sena
's original signature. this is jack lew. all signs point to president obama say i knowing him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might end up looking like this. because that is jack lew's signature on it. if he doesn't choose to tune up the legibility of the loop de loops like tim geithner did, our money mite look like this. what "new york" magazine described as a slinky that has lost its spring, republicans in washington are hinting that we won't actually have to worry about seeing jack lew's wacky signature on our money. they're saying he doesn't have to worry about changing the signature to it looks good on the money because he, jack lew, will never be the guy who has to actually sign the money. he will never be treasury secretary. politico.com today to be, quote, scoffing at the notion of jack lew as treasury secretary. mitch mcconnell is said to have been irked by mr. lew in the past. republican senator from nebraska, mike johanns called lew a controversial pick. the reasonable he is controversial is, quote, i think there are nic
it official and nominates jack lew for treasury secretary. but, he received a quote obscene million dollar bonus as his boss obama would put it while working at citibank which got bailed out to the tune of $45 billion. is that part of the jack lew story that's going to make him toxic in his confirmation hearings? >>> and we go out to san diego where the family of the late nfl star junior learned he had a brain disease when he committed suicide. did football kill him? >>> and back to hollywood, my favorite movie of the year "lincoln" gets the lion share of oscar nominations. this is a fabulous film about government dysfunction and how abe lincoln solved it then. can we learn something about it now? the "kudlow report" begins right now. >>> first up this evening, call it the d.c. gun show. all the major gun players meeting with vice president joe biden and attorney general eric holder. cnbc's own eamon javers joins us now with all the details. good evening, eamon. >> good evening, larry. well, even as the vice president was holding a meeting in the white house complex today about gun control
controversial nominations of all-time. he is talking about jack lew to be secretary of the treasury are. there is not even one controversial episode in jack lew's entire life history. but senator jeff sessions who is not even a member of the committee that will definitely vote to confirm jack lew is trying to make his confirmation controversial perhaps because he still hasn't gotten over the fact that the senate judiciary committee voted against his nomination to be a federal judge in 1986. joy read the jack lew thing it doesn't get less controversial than this. poor little jeff sessions isn't going to get to ask him questions in the hearing because he isn't on the hear. >> this is like confirmation theater. darn it they were nominated by barack obama. they have the bam of stain on them. lew's eissue is his weird signature. >> right. eugene robinson. you have seen this stuff over the years. take us through what is going to happen with haegle. you have the secretary of defense. something that bill clinton did. and republicans are going no, we don't like this guy. i think what is going to
obama making another cabinet pick. the president will nominate white house chief of staff jack lew to replace timothy geithner as treasury secretary. tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut the 1997 balanced budget deal. so the white house sees him as someone with a lot of experience, ready to take on some of the big challenges over the treasury department as we are facing the so-called mini cliffs, the big one, the debt ceiling, something he will have to deal with right away. >> when is the formal announcement of the nomination expected and another partisan fight down the road? >> very well could be. we have been trying to nail it down
as jack lew is somebody who served as chief of staff. he was budget director before that. he served in hillary clinton's state department. he does not have a deep background and ties to wall street and business. he's a creature of congress, made his name in washington working for tip o'neal, the house speaker. very hard working, very key, very bright. republicans found him a difficult negotiators in some of the budget talks over the last couple of years, but i would expect, andrew, that he's going to be confirmed pretty handily even though he'll have difficult questions in his confirmation hearing. >> john, how disappointed -- and perhaps now, but it appears that the business community seems disappointed, if you read "the wall street journal" editorial page today. there's a sense of disappointment that the president didn't pick somebody from the business community, somebody with more experience in the world of finance private sector as joe would say. >> i understand the disappointment because they want one of theirs. but, you know, president obama wants one of his in that job. when
will be nominating jack lew as treasury secretary and that that announcement is expected sometime this week. this had been widely expected, jack lew, who has worked in a couple of administrations as the budget chief. he also worked on wall street. we've done some reporting on concerns about his experience not only from those on wall street but also some progressive groups. nonetheless, the president expected to nominate someone who he has talked about as a trusted confidante, someone who has worked very hard in trying to right the ailing economy. according to this source, the president expected to nominate him to be the next treasury secretary, and that announcement expected sometime this week. >> all right. well, thank you for that, dan. and nice quick work, i might add as well. and by the way, for our audience who might not know a lot about jack lew, the white house chief of staff, there is actually a very extensive background on this man. he has been the leading contender. without further ado, have a listen to all of the things this man has done. >> reporter: jack lew is a key washington insider,
chief of staff, jack lew, to be the next treasury secretary but the announcement is drawing attention to the makeup of the president's second-term cabinet. it's on track to be dominated by men. our white house correspondent brianna keilar is joining us from the white house. what is the white house saying about all of this? >> reporter: wolf, the white house has been asked about this quite a bit. white house press secretary jay carney has said that the president believes diversity is important and he's highlighted that there are a number of women serving in the white house and in the administration and indeed there are, wolf, and there's lack of topics in his cabinet. president obama choose a trusted insider to replace timothy geithner as treasury secretary. >> under president clinton, he presided over three budget surpluses in a row. so for all of the talk out there about deficit reduction, making sure our books are balanced, this is the guy who did it three times. >> reporter: jack lew, obama's chief of staff and former budget director, has been by the president's side through bruisi
treasury secretary nominee white house chief of staff jack lew. taking of the treasury as the white house prepares for the major fight with republicans over the debt ceiling. the rumors began swirling that he would get the nomination. we here at "the willis report" took a look at who jack lew is and where he came from. his biography, as we mentioned, was chock full of political experiences from his time on capitol hill to his work with the clinton and obama administrations. what we did not point out was his brief stint at citigroup. not something he often talks about. from 2006-2009 he ran the alternative investment arm. that division made its profits from shorting the housing market , betting against homeowners like me and you. while he was citigroup they took in 45 billion from taxpayers under t.a.r.p. two weeks before he left to join the obama administration he took, bonus. before citigroup payback taxpayers, and it was not too shabby, nearly a million. so more than just a politician and lawyer. he was a banker who took money from taxpayers and that against them in return. that is the
dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? we'll ask charles krauthammer. that and more straight ahead. [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> i cannot think of a better person to continue
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position and knowing he will do well. >> but right on cue, here comes the republican outrage. jack lew must never become the secretary to the president. >> i've got a news flash for republicans. that's called being chief of staff. of course jack lew served the president. of course he's in the inner circle. that was his job. he was chief of staff. but this is now the gop's default reaction. opposed to everything the president does, no matter what it is. joining me now is joan walsh, editor at large of salon.com and former pennsylvania governor ed rendell now an nbc news analyst. thank you both for being here tonight. >> thank you, reverend al. >> governor, is this the best the gop's got? just don't do whatever? is the strategy going to succeed? >> first of all, it's pathetic. the american people understand traditionally, a president gets to the point he thinks the people will best serve him in the country. the only way they should be confirmed is if there's something in their background that's criminal. something in their background that's irresponsible. but jaek lew has been a good public s
out until january 25th in the treasury, giving jack lew to confirm and i guess perfect his signature. let's see what we've learned, what does he leave for jack lew. he got the stress test done. actually, that's not correct there. let's move away from that. what we're talking about here is the -- let me go to my notes. the stimulus was done -- but sustained growth was not. frank dod basel iii was not done. aig also done. what is the geithner model? what is the geithner doctrine? i think you can say like this, overwhelming government force when it's clear it's needed. b in a crisis, spend, regulate and guarantee and do it with conviction. let's talk about one of the things left over from the geithner years, which is going to be the issue of debt and deficit. i think you would say there was some accomplishment when it came to getting some of these deals in place. but ultimately, he probably thought that some of these things would come off and be declining faster than they have. we've learned a lot about the financial crisis. in fact, we're going to be debating the correct government res
's not any one of these appointments you could look at and say well, that didn't make sense. jack lew makes sense at treasury. it made sense to replace peter orszag, gene spurling and then austin goolsby with allen krueger. you have to wonder, can it really be the case that this white house, after four very difficult years in which people are very tired, in which they're very burnt out, in which they've been worn down by endless battles with the republicans, and in which the sort of natural dynamics of group thinking in a tightly knit administration have taken over, can it really be the case if they can benefit from bringing in new people with new voices and new experiences and a fresh perspective? a lot of people i talk to, some of them former members of the administration, think at this point that it is a big problem, that at this point the president needs to get out of his comfort zone in some of these appointments particularly on the economics side and bring in folks with a new perspective. yet that's balanced by the fact that they don't think jack lew is a bad guy or going to be a bad
for a second. john kerry, chuck hagel and now jack lew who could become part of the second term cabinet. the question is, where are the women? gloria borger has thoughts. >> we are here! >> we're next. (dog) larry,larry,larrryyy. why take exercise so seriously,when it can be fun? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. . >>> the president's labor secretary announced her resignation yesterday. the same day it just so happened that this photograph appeared on the front of the "new york times." take a look with me. take a long look. all men. so it appears at this fiscal cliff meeting convened by the president. you look closely enough and you can see the leg of white house adviser valerie jarrett. that is valerie jarrett's leg obscured by the man in corduroys. today democrat charlie rangle is quoted as saying it
of staff jack lew is confirmed to the post. well today, at his nomination, lew admitted to being challenged in penmanship, and the president rubbed it in. >> i'd never noticed jack's signature. and -- and when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to work to make at least one letter legible. in order not to debase our currency should he be confirmed as secretary of the treasury. >>> and also tonight, we want you to listen to a song that could save your life or maybe at least the bumper on your car. here it is. ♪ hold me closer tiny dancer ♪ count the headlights on the highway ♪ >> it is, of course, elton john's "tiny dancer." but did you know there is new research out of london tonight that says you may be safer in your car if you play this song while you're driving? apparently the tempo of this song slows the human heartbeat down to 60 beats a minute. so you relax and ease up on the gas pedal. who knew? >>> and if you see something buzzing out there for our "instant index," be sure to tweet it to
for treasury secretary, white house chief of staff jack lew. the president said lew is a master of policy who can work with members of both parties. and about lew's now famous signature, which would appear on the bills in your pocket, the president said that lew has promised him to make at least one letter legible in order to "not debase our currency," the president said. the president is getting some criticism today for not naming more women to his cabinet. and after this white house photograph appeared in the newspaper, showing the presidentth meeting with top aides, all but one of them men, the white house quickly put out another photograph of the president with senior advisors, including three women. with a little perspective on the president's cabinet picks, we turn to our political director john dickerson. john, what do you make of it? >> reporter: well, scott, there are a series of critiques here. some of the president's political allies think that he should acknowledge in his staff selections that he won re-election with the votes of women and minorities. other critics have pointed ou
formally nominated his chief of staff, jack lew, to be the next treasury secretary. as the second-term churn gets under way now. though it looked for a time like the president might nominate susan rice to be his next secretary of state, when that didn't happen, this latest wave of nominees appear to have something in common. and as nbc's andrea mitchell reports tonight, people are noticing. >> reporter: it is the white house photo that could be called all the president's men. adviser valerie jarrett is there, we're told, hidden behind the guys. as president obama filled his top cabinet post with nominees named jack and chuck and john -- >> it's time for me to move on. >> reporter: -- it was like "mad men" goes to washington, except peggy leaving ruth marcus. >> whatever guy becomes chief of staff, i think it's actually interesting there are two women who are deputy chiefs of staff and no one has talked about them as possibilities at all. >> reporter: one of the two deputies, nancy ann de parcel, a harvard lawyer, is leaving next week. epa administrator, lisa jackson. so is labor s
vote early, vote often. >>> tomorrow president obama set to nominate jack lew to be the next treasury secretary. so far, the only huge controversy surrounding the two-time head of omb is his signature, which is compared to a 6-year-old let loose with a crayon. if lew is confirmed, that signature goes right on the money. >>> baseball fans know it well. it's the call of the bullpen and it may never be the same. t-mobile handing out samsung galaxy smartphones to major league teams to replace the handset and the cord. and since the call to the bullpen itself is sponsored these days, and seemingly everything in baseball is sponsored these days, they couldn't pass up this opportunity to step boldly into the cordless future. >>> finally, the headline on the forbes website is scary. it reads, doom'day aster aid bigger than expected. they're talking about a football-field sized astroid called 9942 opofhus, and while it will pass by tonight, when it comes back in the year 2029, it will pass so close, just over 30,000 miles, it's going to be visible in broad daylight. >>> we're back after a brea
of staff jack lew of management and budget is considered to be tim geithner's most likely successor and that's deputy national security adviser denis mcdonough. anything could change, but those could be the most likely picks. other members of the administration suggest they're heading for the exits and you would assume the stuff starts ranking up in the next week or so. lisa jackson announced her departure at the end of january and rebecca blank who took over in june after secretary bryson went on medical leave. also expected to leave ray lahood and ken salazar and steven chu. likely with appointments of lew and mcdonough you'll hear more voices demanding more diversity in that cabinet, if you will. how does the president end up solving that problem and create a cabinet that, "looks like america." >>> all right, picking a fight over the president's pentagon pick. one thing the left and the right can agree on. chuck hagel may have an uphill battle in the senate. next, we'll get the view from both sides. former romney campaign adviser dan seymour and dan clemens will be here for a deb
for treasury secretary jack lew. why did you do that? >> well, jack is a decent guy. he's a smart guy. he's been in public service for a long time. but frankly, i am really tired of the president, and i support the president, continuing to appoint folks who come from wall street. we need people at the -- in the treasury department, secretary of treasury, who are going to have the guts to stand up to wall street. to ask why we are not, for example, breaking up the six largest financial institutions, ed, that have assets equivalent to 2/3 of the gdp of the united states. to ask questions about how we got into this recession in the first place, which has everything to do with the greed and recklessness and illegal behavior on wall street. to ask why it is there are people watching the show paying 25% interest rates on their credit cards. those are my concerns. we need somebody at the department of treasury who's going to have the guts to take on wall street and not simply come from wall street. >> senator, great to have you with us tonight. obviously, we'll do it again. i appreciate it so mu
that jack lew is to succeed, the problem is this. the squirrely signature. it's going to show on the paper money if he's confirmed. offered up some comparisons to his signature. the crazy straw you get at six flags. a slip of paper you used to test out pens in office max. and a classic. the hair of peanuts character sally brown. there it is too. >>> up next, can anyone save the republican party from itself? the answer may be on the cover of the new "time" magazine. there it is. you're watching "hardball," the place for politics. >>> welcome back to "hardball." up, up, up. chris christie's stock is rising in jersey after befriending the president and taking on his own party in hurricane sandy relief money. take a look at these numbers. you don't see these in politics much. a 73% approval rating among new jersey voters. 73%. even higher approval among independents. and 62% among democrats. when you look at traditional democratic voting blocks, christie's at 70% approval among women. 69% among non-white voters. 62% in homes with a public employee. and he may be the man to get the gop back on
house chief of staff jack lew is considered to be another choice for the job. at the cia john brennan, an acting cia director michael morell remain on a short list. history shows most presidents get the nominees they want, but in this political environment there's no guarantee. >> it used to be just be supreme court justices who inspired partisan free-for-alls. now it's bleeding down into a president's cabinet picks as well. >> some confirmations will be easier than others. if chuck hagel does get the nod, we expect that there will be continued resistance there. one of the picks for secretary of state, senator john kerry, his confirmation expected to be a smooth one. suzanne. >> i understand the president and white house reacting it to a december jobs report that came out today. we had 155,000 jobs added here, unemployment rate was unchanged however. do is the white house pleased with those numbers? >> reporter: to a point. i mean, the release from the white house similar to what we've seen over the last year when these job numbers come out is that they believe that the economy is mov
Search Results 0 to 39 of about 40 (some duplicates have been removed)